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How opium became a powerful global commodity

Aug 13, 2026 · 44m

Summary

Historian Benjamin Robert Seagull discusses his book *Markets of Pain* with Isabel King, tracing opium’s evolution from an ancient remedy to a pivotal commodity in global capitalism. The episode explores how the drug fueled British imperial revenues in India and Ottoman trade in Turkey, sparking the Opium Wars and shaping modern geopolitics. Seagull also examines the shift to synthetic opioids, highlighting the stark inequalities in global access to painkillers and the roots of the contemporary opioid crisis.

Topics discussed

Sponsor: Adobe Firefly Ancient origins and early medical uses of opium Discovery of morphine and the alkaloid era British Empire, Indian monopoly, and the Opium Wars Opium's role in building global capitalist fortunes Sponsor: Quince Turkish opium production and Cold War geopolitics Lives of opium cultivators and agricultural economics Global demand shifts and reasons for foreign reliance Rise of synthetic opioids and modern pharmaceuticals Future of opium and global access to painkillers The OxyContin scandal and the modern opioid crisis Reframing opioid history and concluding thoughts
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